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Columbia Real Estate Update as of 12-19-2011

Posted By: Craig Summerall In: Local News
Date: Tue, Dec 20th 2011 9:14 am

Here is the latest Columbia SC News and Business Report as of 12-19-11.  For real estate information visit our web site.

 

TODAY'S HEADLINES | DEC. 16, 2011

Columbia home sales tumble 70% in November

The sales of residential property in the Columbia area plummeted in November, with area real estate agents selling only 123 units for the month compared to 435 in November 2010. Meanwhile, Charleston and Greenville recorded an increase in home sales, according to a report issued by the South Carolina Realtors.

S.C. tax revenue up 6% in November

The report released by the state Board of Economic Advisors is an indication that the South Carolina economy is on the mend, and officials said they are confident the upward trend in revenues will continue for the foreseeable future.

City of Columbia seeks input on proposed Walmart

City officials are considering a plan to sell Capital City Stadium and have it developed into a site for a Walmart store. A public hearing on the proposed redevelopment will be held Monday night in the Olympia Room at 701 Whaley St.

S.C. foreclosures continue to rise

Unlike the nation overall, South Carolina’s November foreclosures didn’t slow, growing 10% over October and 3.9% over last year. U.S. foreclosure activity declined a bit from its seven-month high in October. November numbers show 224,394 homes under some sort of distress nationwide.

List of the Week

Get information about the top businesses in the region through the Business Report's online lists. Sample the list of employee benefits brokers or browse the main research page. Each week, the Daily Report offers a new featured list for readers.

Job of the Week

A full-time position for a plastic injection molding engineer is open. The position requires competencies in molding, tooling, quality inspection, production scheduling and supervision. Candidates must have a minimum of five years of experience in manufacturing. A bachelor’s degree in plastics engineering, mechanical engineering or a similar four-year degree is preferred. Learn more or apply here.

The Daily Report is published by the Columbia Regional Business Report,
a publication of SC Biz News.

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